Here's the deal:
19 year old SAHM
DF works but is looking for a 2nd job to bring in more cash because we squeeze by every month. His car is getting repo'd or he will have to surrender it sometime in the next 3months because he is going to be filing bankruptcy this friday and he is not keeping the car, can't afford to.
We no longer have a cell phone, will be getting a home phone
and we're on food stamps so we can buy food, or we'd starve otherwise
I go to school full-time because my mom keeps me and my son on her health care as long as I stay a full-time student. I also get to keep my dental, and I have awful genetics with teeth so I need it.
Anyway. I am looking into buying a cheap little car 3k at the most, school supplies, and a cheap computer for school as well. I'm thinking a 5k loan.
I have one macy's card which is in good standing.
Asked by Anonymous at 1:02 AM on Aug. 12, 2010 in Money & Work
Answer by jessicarae787 at 1:24 AM on Aug. 12, 2010
Answer by mamaofficer at 1:32 AM on Aug. 12, 2010
To me it would be unwise to get a loan knowing that your DF is filing for bankruptcy and you're not even working. Wouldn't it make more sense to wait until he finds a 2nd job and saves up enough money to buy all those things in cash. I don't see how going back into debt when it is proven it could not be handled the first time around is a good idea.
Answer by SylviaNCali at 1:49 AM on Aug. 12, 2010
Answer by motherofhope98 at 5:58 AM on Aug. 12, 2010
If you cannot afford a car or food how are you going to pay back a loan? Not trying to be rude just curious.
Answer by lapcounter at 9:54 AM on Aug. 12, 2010
Answer by HotMama330 at 12:37 PM on Aug. 12, 2010
Next question overall
I will wait for as long as it takes but do you think that there is still a...